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Burger King | Corp Abs NNN | DriveThru 9827 Bluebonnet Blvd 2,425 SF Retail Building Baton Rouge, LA 70810 $2,678,784 CAD ($1,104.65 CAD/SF) 6.61% Cap Rate



INVESTMENT HIGHLIGHTS
- Over 4 Years Remaining | Corporate Guaranteed | Options To Extend | Well-Known & Established Brand
- Mall of Louisiana (1,559,000 SF) | Dense Retail Corridor | Strong National/Credit Tenant Presence
- Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Near Signalized, Hard Corner Intersection | I10 (122,000+ VPD) | Excellent Visibility & Access
EXECUTIVE SUMMARY
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, Burger King investment property located in Baton Rouge, Louisiana. The tenant, GPS Hospitality, has over 4 years remaining on their current lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases that started in year 6 of the initial term and throughout the option periods, steadily growing NOI and hedging against inflation. The lease is an Absolute NNN lease with zero landlord responsibilities making it an ideal investment opportunity for a passive investor.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,425 SF
Building Class
B
Year Built
2007
Price
$2,678,784 CAD
Price Per SF
$1,104.65 CAD
Cap Rate
6.61%
NOI
$176,945 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.87 AC
Zoning
General Commercial
AMENITIES
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Burger King is known for serving high-quality, great-tasting, and affordable food. Founded in 1954, Burger King is the second largest fast food hamburger chain in the world. The original Home of the Whopper, their commitment to premium ingredients, signature recipes, and family-friendly dining experiences is what has defined their brand for many successful years.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02459949 | Improvements Assessment | $45,688 CAD |
| Land Assessment | $148,028 CAD | Total Assessment | $193,715 CAD |
PROPERTY TAXES
Parcel Number
02459949
Land Assessment
$148,028 CAD
Improvements Assessment
$45,688 CAD
Total Assessment
$193,715 CAD
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Burger King | Corp Abs NNN | DriveThru | 9827 Bluebonnet Blvd
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